If you plan to form a nonprofit, it's important to know about the most common types of 501(c) groups. Get expert-backed tips ...

What does it mean to be tax-exempt? Tax-exempt means not being required to pay taxes on certain types of income. Find out what type of income is included.

Explore how nonprofit organizations gain federal tax-exempt status under IRS 501(c) and discover the conditions they must ...

The Personal Income Tax Law 2025 will take effect from July 1, 2026. However, income from business activities, salaries, and ...

The first months of the second Trump administration have been a whirlwind of policy disruption. By executive order, the White House has announced vast changes to public policy on civil rights, health ...

I’ve previously posted about various Texas sales and use tax rules – general rules, exceptions, and exemptions applied to both taxable services and tangible personal property. However for certain ...

The way your income is taxed differs based on whether it’s considered earned or unearned . Read on to learn more.

On September 16, 2025, the Subcommittee on Oversight of the House Ways and Means Committee held a hearing on the purpose and use of the tax-exempt status widespread in the hospital sector. Several ...

The American Hospital Association has sent a letter to the Internal Revenue Service urging it to extend its new guidance on the provisions of the Internal Revenue Code governing tax-exempt bonds. The ...

If you felt some sticker shock when you got your property tax bill, you’re not alone. Rising home values have put Dallas and Fort Worth among the top 10 metro areas where taxes have increased the most ...

ICICI Bank introduces a Capital Gains Account Scheme starting January 1, 2025. This scheme allows resident individuals and ...

Total income includes capital gains for the ₹5 lakh limit, but the rebate cannot reduce tax on special-rate income. The key takeaway is that eligibility and adjustment operate ...